What is Home Insurance?
There is nothing more important than a good, safe, secure home! This makes your home an inimitable, unique asset. However, there could be times when your home would be vulnerable to many risks and contingencies. With a Home Insurance Policy, you get the simple yet extensive insurance cover you deserve, which is also affordable at the same time.
What's Covered Under a Home Insurance Policy
Structural Cover: It covers the costs you might have to incur to reconstruct or repair the damaged part in case it gets severely damaged
Fire Cover: It gives you coverage for your home, its contents, or both against unforeseeable natural calamities and accidents.
Contents cover: This policy covers loss/damage to your furniture and fixtures, movable & immovable electronic items, kitchen items, clothing and personal belongings as well as other products that you have insured.
Natural Calamities & Manmade Hazards: Troubled times can affect your home as well as your peace of mind. Keep it financially secure with our home shield insurance plan against floods, cyclones, strikes, riots, terrorism, and malicious acts.
Portable equipment cover: This policy covers any accidental loss or damage to 'portable equipment' anywhere in India. This cover can be extended globally by paying an additional premium.
Jewellery and valuable cover: This policy covers accidental loss or damage to 'jewellery and valuables' anywhere in India. This cover can be extended globally by paying an additional premium.
Curios, works of art, and paintings cover: This policy covers accidental loss or damage to 'curios, works of art and paintings' whilst stored or lying in your building. The valuation of the items will be done by a government-approved valuer and approved by us.
Burglary & Theft cover: This policy covers your home against loss from burglary and theft. It compensates you for any stolen goods and valuables
Alternate Accommodation: Get shifting expenses, rent for alternative/hotel accommodation, emergency purchases, and brokerage in case your home becomes unfit for living because of any covered cause of loss.
What's not covered in the Home Insurance Policy
War: Loss/Damages arising from events including war, invasion, act of a foreign enemy, or hostile. are not covered.
third-party construction loss: Any damage caused to your property due to third-party construction is not covered.
Under construction: Home insurance cover is for your home where you reside; any under-construction property will not be covered.
Consequential Loss: A consequential loss is an indirect adverse impact caused by damage to business property or equipment.
Willful Misconduct: We ensure your unforeseen losses are covered; however, if the damage is willfully conducted, then it is not covered
Old Content: We understand that all your precious possessions hold emotional value, but anything that's over 10 years old will not be covered under this home insurance policy.
